What is MECE test?

What is MECE test?

MECE is a best practice method to lay down a robust structure for your case interview. MECE is a way of segmenting information into sub-elements that are mutually exclusive and collectively exhaustive. Exhaustive means that all possible options have been considered.

What is McKinsey MECE?

“MECE,” pronounced “me see,” an acronym for “mutually exclusive and collectively exhaustive,” is a popular mantra at McKinsey. If you manage to get a position at McKinsey, or at any other MBB for that matter, you are likely to have to handle huge amounts of data.

What is the MECE rule?

MECE (pronounced me-see) is an acronym for “Mutually Exclusive, Collectively Exhaustive”. The concept is just as simple as it sounds. Every point on the list must be mutually exclusive — there should be no overlaps and every item must be independent of each other.

What does MECE mean in consulting?

mutually exclusive and collectively exhaustive
The MECE principle, (mutually exclusive and collectively exhaustive) pronounced by many as “ME-see”, and pronounced by the author as “Meese” like Greece or niece, is a grouping principle for separating a set of items into subsets that are mutually exclusive (ME) and collectively exhaustive (CE).

Why is MECE important?

Why is MECE Important? MECE is extremely important in problem-solving because it ensures complete coverage of the problem, helping to identify all possible root causes to ensure maximum-impact solutions. It also prevent effort duplications, saving time and resources.

How do I ensure MECE?

The first step to becoming MECE is being aware. Stay conscious that your structure must be MECE, and double-check it in your head before you start laying it down for the interviewer. Of course everyone knows it in theory, but it’s important that you deploy this check in practice, as well.

How do you apply MECE?

There are two ways to structure a MECE analysis. First, you can take a hard question, and break it down into sub-questions….How to use MECE

1. apply MECE, recursively, until you can confidently speak to the resulting issues,
2. evaluate each subproblem, and.
3. reflect on what you’ve learned.

How do you practice MECE?

Create some basic structures for your frameworks.

1. Create some basic structures for your frameworks.
2. Start practicing cases (ideally, you should get to 50+) in person, online, or reading MBA handbooks.
3. Eliminate or consolidate the sections in your frameworks that you do not find useful to solve cases.

How do you think MECE?

The Basics of MECE Your data should cover the entire space it set out to define, and none of the constituent elements should overlap. If that’s true, the data set is MECE. Pretty simple: If you write a recipe for a peanut butter and jelly sandwich that leaves out the jelly, your recipe isn’t collectively exhaustive.

How do I think like McKinsey consultant?

Here are six steps that will help you solve problems like a McKinsey Consultant:

1. Step #1: School is over, stop worrying about “what” to make and worry about the process, or the “how”
2. Step #2: Thinking like a consultant requires a mindset shift.
3. Step #3: Define the problem and make sure you are not solving a symptom.

What is the McKinsey PST test?

The McKinsey Problem Solving Test (also known as the McKinsey PST) is a math computation, data interpretation and logical thinking test used by McKinsey to determine which candidates are granted a first round case interview. In general, candidates whose resumes McKinsey deems acceptable are invited to take the test.

How is the MECE framework used at McKinsey?

The framework is notably used at McKinsey, where data from clients’ businesses is organized on the basis of MECE. Well-known frameworks, such as Cost-Benefit Analysis, 4Cs, and Porter’s Five Forces have the MECE principle at their core. Let’s discuss three popular MECE frameworks.

What does MECE stand for in consulting category?

Crack the case interviews. Learn more. MECE, pronounced “me see”, is a concept commonly used at top consulting firms to talk about the approach consultants use to solve problems. Partners at McKinsey, BCG or Bain will often tell their team “I looked at what you’ve done.

How to use MECE in a profitability case?

Be MECE in profitability cases to split costs and revenue in an issue tree. The MECE methodology is famously used at McKinsey. McKinsey interviewers along with other firms will especially look whether you are able to structure information in a MECE format. During a case interview, MECE is also helpful for calculation.

Can a framework be more than one MECE?

For a framework to be MECE, its different parts CANNOT overlap (Mutually Exclusive). But they need to cover ALL possible causes of the client’s problem (Collectively Exhaustive).